T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) Announces Monthly Dividend of $0.18

T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL – Get Free Report) declared a monthly dividend on Tuesday, September 29th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.1782 per share on Friday, October 2nd. This represents a $2.14 annualized dividend and a dividend yield of 9.6%. The ex-dividend date is Wednesday, September 30th. This is a 2.5% increase from T. Rowe Price Capital Appreciation Premium Income ETF’s previous monthly dividend of $0.1739.

T. Rowe Price Capital Appreciation Premium Income ETF Stock Performance

Shares of NYSEARCA:TCAL opened at $22.18 on Wednesday. The company has a market capitalization of $303.87 million, a PE ratio of 25.37 and a beta of 0.19. The stock has a fifty day moving average of $22.76 and a 200-day moving average of $22.56. T. Rowe Price Capital Appreciation Premium Income ETF has a one year low of $21.73 and a one year high of $25.08.

T. Rowe Price Capital Appreciation Premium Income ETF Company Profile

(Get Free Report)

The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) is an exchange-traded fund managed by T. Rowe Price. The fund aims to provide regular distributions while seeking capital preservation and potential for capital appreciation. It achieves this by investing primarily in U.S. equities and employing a covered call options strategy. This approach involves writing call options on individual stocks to generate income through premiums, which can enhance current income and help offset potential downside risks.

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Dividend History for T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL)

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